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Posts tagged with "ports"

PPA Jan-Oct income inched up 0.28% as port rehabilitation costs soared

PPA Jan-Oct income inched up 0.28% as port rehabilitation costs soared

Nov. 28 | The Philippine Ports Authority (PPA) recorded a modest increase in net income in the first 10 months of 2018, owing to higher revenues boosted by an increase in cargo and vessel traffic, and adjustments in tariff rates. In its 10-month performance report,...

BOC to require shipping lines to open more depots

BOC to require shipping lines to open more depots

Nov. 20 | Image courtesy of Sailom at FreeDigitalPhotos.net The Bureau of Customs is looking to require international shipping lines to open more container depots. This is one of the measures being eyed by government to help address the persistent problem of empty...

DOTr, PPA: trucking holiday not effective, only 8% of trucks in Manila ports joined

DOTr, PPA: trucking holiday not effective, only 8% of trucks in Manila ports joined

Nov. 20 | Department of Transportation OIC Undersecretary for Maritime Fernando Juan Perez (left) and Philippine Ports Authority general manager Atty Jay Daniel Santiago at a Nov 19 press conference. The Department of Transportation (DOTr) and Philippine Ports...

Batangas Container Terminal handles record 200,00th-TEU cargo

Batangas Container Terminal handles record 200,00th-TEU cargo

Nov. 18 | Photo shows Asian Terminals Inc (ATI) officers, led by executive vice president William Khoury (4th from right), presenting a commemorative plaques to Sealand–a Maersk Company managing director Klaus Nielsen (5th from left) and Bureau of Customs-Batangas...

PPA bares guidelines for awarding of port management contracts

PPA bares guidelines for awarding of port management contracts

Oct. 17 | The Philippine Ports Authority (PPA) has released guidelines for selecting and awarding contracts under its Port Terminal Management Regulatory Framework (PTMRF), which outlines the new rules for terminal management contracts. PPA Administrative Order...

ICTSI now owns 50% of domestic port operator Manila North Harbour

ICTSI now owns 50% of domestic port operator Manila North Harbour

Sep. 7 | Photo shows North Port, operated by Manila North Harbour Port, Inc. (MNHPI). International Container Terminal Services, Inc. recently acquired an additional 15.17% stake in MNHPI for P910 million, increasing ICTSI’s ownership in the domestic port...

ICTSI H1 income slips 6% despite revenue growth

ICTSI H1 income slips 6% despite revenue growth

Aug. 15 | International Container Terminal Services, Inc flagship, the Manila International Container Terminal. Photo courtesy of ICTSI. Global port operator International Container Terminal Services, Inc. (ICTSI) reported a net income attributable to equity holders...

Transport industry stalwarts gather for Visayas, Mindanao shipping conferences on Aug 2-3

Transport industry stalwarts gather for Visayas, Mindanao shipping conferences on Aug 2-3

Jul. 24 | Shipping and customs stakeholders are set to convene at the 2nd Visayas Shipping Conference 2018 and 3rd Mindanao Shipping Conference 2018 to discuss trade prospects and share updates on infrastructure and policies affecting the industry. Organized jointly...

Harbor Star profit balloons 30.5% in first first three months

Harbor Star profit balloons 30.5% in first first three months

May. 17 | Photo from www.harborstar.com.ph. Philippine marine services provider Harbor Star Shipping Services, Inc. (HSSSI) reported a net profit of P30.140 million in the first quarter of 2018, or 30.5% higher than the P23.1 million it earned in the same period...

ICTSI earmarks $25M for further port expansion works this year

ICTSI earmarks $25M for further port expansion works this year

Jan. 4 | Global port operator International Container Terminal Services, Inc. (ICTSI) is allotting US$25 million in additional working capital to continue its domestic and foreign expansion projects in 2018. In a disclosure to the Philippine Stock Exchange, ICTSI...
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